CVAT, Independent Research Report - $2.04 Price Target. PennyOmega.com Watch List! for Monday November 9, 2009, Cavitation Technologies Inc., CVAT.OB
Posted on 11/8/2009 1:43:08 PM in #Stocks | 0 comments comments
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Our Big Pick at PennyOmega.com for Monday November 9, 2009 is:
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CVAT, Cavitation Technologies Inc., CVAT.OB
CVAT is a “Green-Tech” company, established in 2006 to become a world leader in the development of new cutting edge technologies for the, vegetable oil refining, renewable fuel, petroleum, water treatment, wastewater sanitation, petroleum, food and beverage, chemical industries.
Recently, CVAT made a 3-for-1 forward stock split
Independent Research Report (www.grassrootsrd.com/cvat-report.pdf) on CVAT estimates long term price target to be $2.04 per share and short term price target of $0.96.
CVAT Last trade was $0.38
That means The research report estimates short term price target to be over 250 % and long term price target to be over 530 % CVAT's actual price per share
The stimulus bill has allocated $49.7 billion toward green energy technology; a lot of money is earmarked for renewable energy projects.
Bioenergy is renewable energy derived from biological sources, to be used for heat, electricity, or vehicle fuel. Biofuel derived from plant materials is among the most rapidly growing renewable energy technologies.
The availability of ethanol and biodiesel at the fuel pump is becoming more prevalent.
Rising fuel prices, environmental concerns, pressures for oil independence, and Federal energy policy are creating a strong potential market for CVAT’s renewable energy technology.
More about CVAT at www.cavitationtechnologies.com
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CVAT is on PennyOmega.com's RADAR! Do your Homework, and like always BE READY for the Action!!!
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